SunTrust Robinson Reaffirms Their Hold Rating on Shutterstock (SSTK)
In a report released today, Youssef Squali from SunTrust Robinson maintained a Hold rating on Shutterstock (SSTK), with a price target of $38.00. The company’s shares closed last Monday at $40.51.
According to TipRanks.com, Squali is a top 25 analyst with an average return of 31.9% and a 74.8% success rate. Squali covers the Technology sector, focusing on stocks such as IAC/InterActiveCorp, ANGI Homeservices, and Uber Technologies.
The the analyst consensus on Shutterstock is currently a Hold rating.
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The company has a one-year high of $50.09 and a one-year low of $33.26. Currently, Shutterstock has an average volume of 152.3K.
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Shutterstock, Inc. engages in the operation of marketplace for licensed content. The firm licenses images, video, music, editorial assets, and custom content tailored to a brand’s needs. It operates through the Content Business and Other Category segments. The Content segment consists of Bigstock, Music, and Editorial.